Nuveen Churchill Direct Lending (NCDL) vs Pershing Square USA (PSUS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Pershing Square USA trades at a lower forward P/E (5.2x vs 7.0x for Nuveen Churchill Direct Lending).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NCDL | PSUS |
|---|---|---|
| Share price | $10.80 | $37.54 |
| Market cap | $533.38M | — |
| 1-day change | -0.83% | +0.78% |
| YTD return | -18.37% | — |
| 1-year return | -20.28% | — |
| P/E ratio (TTM) | 11.37 | — |
| Forward P/E | 7.03 | 5.17 |
| EPS (TTM) | $0.95 | — |
| Dividend yield | 13.96% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $15.07 | $44.00 |
| 52-week low | $10.54 | $35.71 |
| Distance from 52-week high | -28.33% | -14.68% |
| Analyst consensus | none | none |
| Avg. price target upside | +26.85% | +11.88% |
| Average volume | 199.96K | 332.47K |
| Shares outstanding | 49.39M | — |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Nuveen Churchill Direct Lending offers a meaningfully higher dividend yield (13.96% vs 0.00%).
About Nuveen Churchill Direct Lending
NCDL stock →Nuveen Churchill Direct Lending Corp. (the Company) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations.
Financial Services · Asset Management
About Pershing Square USA
PSUS stock →Pershing Square USA, Ltd. is a close-ended equity fund launched and managed by Pershing Square Capital Management, L.P.
Financial Services · Asset Management
NCDL vs PSUS FAQ
Which pays a higher dividend, Nuveen Churchill Direct Lending or Pershing Square USA?
Nuveen Churchill Direct Lending pays a dividend yielding 13.96%, while Pershing Square USA does not currently pay a regular dividend.
Are Nuveen Churchill Direct Lending and Pershing Square USA in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.